ridiculously good or absurd. Crazy like Martin Scorsese. Crizzazy is partly a play of slang and also has additional syllables to make it rhyme more smoothly. Martin Scorsese is one of the best directors to have worked in film and absurdity is tied to his name because while he is one of the best, he does not have a oscar.

Person 1: Dude, I was ready for that test but it was all trick questions.
Person 2: That's crizzazy like martin scorsese